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Electra Advances Phased Nickel Refining and Battery Recycling Strategy for North America
GlobeNewswire Inc.·
Electra Battery Materials announced preliminary engineering results for a proposed two-phase nickel refinery designed to process mine-derived feedstock and recycled battery black mass into nickel metal and battery-grade nickel sulfate. The first phase would produce approximately 20,000 tonnes per year of contained nickel with 97%+ recovery rates. Capital estimates range from US$530-675 million, with a potential second phase adding another 20,000 tonnes annually. The facility aims to strengthen North American critical minerals supply chains and reduce reliance on Chinese processing.
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